Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 45 - BANKING RULES
Chapter 19 - LEASING OF PERSONAL PROPERTY
Section 45-19-006 - POLICIES
Universal Citation: 45 NE Admin Rules and Regs ch 19 ยง 006
Current through March 20, 2024
006.01 The Board of Directors of the bank must adopt leasing policies, procedures, objectives, and internal controls which adequately protect the bank and provide customer services.
006.02 Such leasing policies must recognize that leasing is a form of term debt financing and, therefore must include adequate credit standards.
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